Advanced Computer Software: Difference between revisions

Revision as of 06:04, 17 June 2025

Revision as of 04:56, 19 July 2025

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In August 2019, Vista sold a 50% stake to [[BC Partners]] for £2 billion including debt.<ref>{{Cite web |title=BC Partners buys 50% stake in Advanced from Vista Equity |url=https://www.ft.com/content/1c1855fc-bce5-11e9-b350-db00d509634e |access-date=2020-09-13 |website=www.ft.com}}</ref>

In 2023, the company undertook a strategy refresh, alongside changes to the executive management team, appointing Simon Walsh as Chief Executive Officer, Stephen Dews as Chief Financial Officer and Andrew Henderson as Chief Technology Officer. The aim of the strategy refresh was stated to prioritise resources into high growth market sectors and product categories.<ref name=":0">{{Cite web |title=ASTON MIDCO LIMITED filing history - Find and update company information - GOV.UK |url=https://find-and-update.company-information.service.gov.uk/company/FC037190/filing-history |access-date=2023-11-30 |website=find-and-update.company-information.service.gov.uk |language=en}}</ref> Part of this refresh, which cost £8.2m,<ref name=":2">{{Cite web |title=ONEADVANCED GROUP LIMITED filing history - Find and update company information - GOV.UK |url=https://find-and-update.company-information.service.gov.uk/company/05965280/filing-history |access-date=2025-05-19 |website=find-and-update.company-information.service.gov.uk |language=en}}</ref>, included updating the operating name from "Advanced" to "OneAdvanced".

=== Health and Care Cyber Incident ===

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Perpetrators of the attack were able to extract information relating to 16 Staffplan and Caresys customers.<ref>{{Cite web |date=2022-10-13 |title=Client data exfiltrated in Advanced NHS cyber attack |url=https://www.digitalhealth.net/2022/10/client-data-exfiltrated-advanced-nhs-cyber-attack/ |access-date=2022-10-27 |website=Digital Health |language=en-GB}}</ref> 82,946 people were affected by the breach which included phone numbers and medical records, as well as details of how to gain entry to the homes of 890 people who were receiving care at home. <ref name=":1">{{Cite web |date=2024-08-07 |title=Provisional decision to impose £6m fine on software provider following 2022 ransomware attack that disrupted NHS and social care services |url=https://ico.org.uk/about-the-ico/media-centre/news-and-blogs/2024/08/provisional-decision-to-impose-6m-fine-on-software-provider-following-2022-ransomware-attack/ |access-date=2024-08-07 |website=ico.org.uk |language=en}}</ref>

The cyber attack including resulting remediation and outage credits cost the group £18.2 million in 2023<ref name=":0" /> and £9.4 million in 2024.<ref name=":2" />.

The [[Information Commissioner's Office]] announced in August 2024 a provisional decision to impose a fine of £6.09m on the company, following an initial finding that the provider failed to implement measures to protect the personal information.<ref name=":1" /> The ICO and OneAdvanced agreed a voluntary settlement in March 2025.<ref>{{Cite web |date=2025-03-27 |title=Software provider fined £3m following 2022 ransomware attack |url=https://ico.org.uk/about-the-ico/media-centre/news-and-blogs/2025/03/software-provider-fined-3m-following-2022-ransomware-attack/ |access-date=2025-05-19 |website=ico.org.uk |language=en}}</ref>. OneAdvanced agreed to pay a final penalty of  £3,076,320 without appealing. The final investigation found that personal information belonging to 79,404 people was taken, including details of how to gain entry into the homes of 890 people who were receiving care at home.

=== Sale of application modernization business ===